Arizona weekly citizen., 1887-09-24
CHILDREN'S SAVINGS.
THe FIRST SCHOOL IN AMERICA TO TEACH PRACTICAL ECONOMY.

TO TEACH PRACTICAL ECONOMY. The System of School Savings Banks as
 ExE'Sined by Catherine BsIdwin-HOu
 the Ps=nSs8 Are Gathered In-Ths Re-
 suits.
 The system of school savings banks as explained by Catherine Baldwin in liar per's Bazar Is one of the most practical and sensible schemes that have been put forth for some time, it being really prob able that the quality claimed for it, that ''schoOl banks are 10 the lesson in thrift what pen. ink and paper are tO the lesson in writing, is in it. No better lesson can be taught child in any branch than a lesson in 'consequeuces. Children, and for that matter children of a larger growth, have Go be taught the conse- quences of this, that or the other folly be- fore they learn iO shun them, and there is no reason why teaching them tine conse- quences of wisdom should not be lesson equally strong X child that learns that pennies saved mean something a great deal better than sticks of candy and penny ices-perhaps a whole week in the cOun- try or even @ goat team-is learning s valuable lesson. The amount of money savesl may not bc great, the sum may bs spcat whenever it amounts to g or 8, but the small capitalist Is learning the valuah.e lesson Of the Buddhists-self control, ss well as thrift, the first object
 Tle first school in America to adopt this savings bank plan did SO in 1885. the principal, woman, too, by the way, re- cosE'zlng Low great Q power lay behind so apparently a simple beginning. Out Of f5J scholars 403 are depositCrs. and thcy saved from March. iSsJ. tO January, lsSs, S2,3S2, an average Of $j.gI to each ch.lL On Jan. l. 1887. seven solc,is in the United States adopted saving, banks, q small beginning when cOrnparCd Co the number of the same Organizations in Europe, it is true, but beginning never thCless. France, the only country with 6 national system, has, Miss Baldu iu says, S,UjJ O. these hank. whrsc savings Accounted tO EsI-iy ., stJ.U.sl
 SCHOOL EsSR's METHODS.
 The mOl.Us opeTguIi Cf 8 schc1. hank is Hs fellows, told .n our Hu;hO..Jys D Owu word-.
 Having arranged win some sayinss ban, iO receive CeIu-.ts tir Ir.l.i f,Ii rt q sci.uol gives notice Go Iis. several cl.,s7es thu every Monday morning jlc.r teacher, when calling tIe roI, will r,cci,c their small savings fsg,a ole cent I'D Go fifty ceuts. On making the first depasit s pupil Is given crrd wi;h bis or her Ia,la, date and amount tcro-itCJ. re. c,dVtcl by the tcGcEer. this card the pupil keeps. presenting it every time @ deposit l. made, thc card having Ga;,s for the whole school year.
 "After the iirst few collections when, like any other new drill, children are aws ward. fifteen minutes l. sufficient to re ccive a class of fifty The teacher s> points some bright pupil collector wh. takes the card and money from each chiis anl hands it Co the teacher, who counts IL, money, receipts the card and return, i- - the scholar. The ordinary roll booh serves as a record book. For instance, l naEc is cailel--'JaGe smith She make. answer. Three cents, and th-ee cents i. entered in the savings column opposite Jane Smiths name lf nothing has beer saved a cross SO indicates. and merely attendance is marked. The principal wL1 ia the ds facto treasurer. requires ( special bOoS for names Of depOsitOrs ant amounts saved, as the savings Of al cla are handed to him, and he send, them each day Co the savings bank. get ting receipt for The whole amount When a pupil has saved twenty-five cent. tor any other sum agreed onl he is given ( bank book and becomes a regular con tribUtOr-clthCUgh interest IS rarely paid on very small sums-aud until he receives a book his name does not go on the Journal Of the savings bank, but his savings are kept Co the credit of the prin cipcl !n what is called a general fund. These pupil bank books kept by the prin cipal are sent To the bank monthly to b, balanced. They can be taken home aI regular dates to be shown tO parents; and during vacation. or when pupil leaves he receives his book. Money can hs drawn out at any time, with the consent oi pare1ts or guardians. by procuring tho principais signature. After leaving school permanently a scholar can stil continue to use the school blank book fol other savings
 TIE INFLUENCE OF BABES.
 Goody coOdy books have occasionally examples of Q childs reforming it, de prayed parents, and it was F. Anstcy, think. who wrote an essay on the bring ing up of parents, but it is not often tha We meet examples of The Influence o Babes in real life l was talking witt the receiving teller of dime savings banl the other day, and he told me q neat littlD story quite out of the ordinary Tw. small boys came one day and took out . book. putting in fifty cents each. Ever! | Saturday night after that they came rec ularly. with their fifty cents ap.ece, au' souei ines. after a birthday or somethu. | of that sort, apparently, with moro When they had eNch saved huudre' dollars they then told their father GE, | and proudly showed their bauk books He wcs completely taken aback, for he, | man with a goOd income, had never saye' a cent. !; opened his eyes, and ''befOre | knew . almost" said the man at th dcsl. .'hc had $l.JO0 hero. What he Gi, with it. do not know, but know he's | rich man nOw.n
 So. you see. iI these school banks Hr encouraged. and the children take hold il ' earnest. there Is no knowing what the. | may do for us some day. We IIay b rich before we know it,-New YOri Graphic.